San Juan Basin Royalty Trust (NYSE:SJT - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.89 and traded as high as $3.90. San Juan Basin Royalty Trust shares last traded at $3.78, with a volume of 339,063 shares.
San Juan Basin Royalty Trust Price Performance
The stock's fifty day moving average price is $4.04 and its 200-day moving average price is $3.88. The firm has a market cap of $170.59 million, a PE ratio of 13.56 and a beta of 0.83.
Institutional Trading of San Juan Basin Royalty Trust
Several large investors have recently bought and sold shares of the business. Meixler Investment Management Ltd. increased its holdings in shares of San Juan Basin Royalty Trust by 11.7% in the third quarter. Meixler Investment Management Ltd. now owns 36,300 shares of the oil and gas producer's stock valued at $134,000 after purchasing an additional 3,800 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of San Juan Basin Royalty Trust by 270.0% in the 3rd quarter. International Assets Investment Management LLC now owns 7,400 shares of the oil and gas producer's stock worth $27,000 after acquiring an additional 5,400 shares during the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of San Juan Basin Royalty Trust in the 3rd quarter worth $34,000. Moors & Cabot Inc. raised its holdings in shares of San Juan Basin Royalty Trust by 12.0% during the 2nd quarter. Moors & Cabot Inc. now owns 88,400 shares of the oil and gas producer's stock worth $359,000 after acquiring an additional 9,450 shares during the period. Finally, Mraz Amerine & Associates Inc. grew its holdings in shares of San Juan Basin Royalty Trust by 5.3% in the second quarter. Mraz Amerine & Associates Inc. now owns 206,566 shares of the oil and gas producer's stock valued at $835,000 after purchasing an additional 10,457 shares during the period. Hedge funds and other institutional investors own 10.42% of the company's stock.
About San Juan Basin Royalty Trust
(
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San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.
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